Thomas Hardie Commercials selects Volvo PHEVs for company cars
Commercial vehicle dealership Thomas Hardie Commercials has invested in 22 Volvo XC40 Recharge T5 Plug-in Hybrid cars to be used as company cars.
The vehicles, due for delivery in April, will be used by management and the sales team located at the company’s head office and its five strategically placed depots.
The investment comes at the end of a year-long procurement process led by Chris Schofield, Procurement Director, Thomas Hardie Commercials Ltd. “As a commercial vehicle dealership, it’s incredibly important for us to demonstrate our commitment to improving efficiency and reducing our environmental impact,” commented Chris. “Electrifying our company car fleet is a fundamental way of achieving this.
“After detailed research, Volvo came way ahead of any other car manufacturer on our user-chooser list in providing not just the eco standards we demanded, but also unrivalled safety features and significant benefit-in-kind (BiK) advantages for our drivers.”
The vehicles have a BiK tax rate of 12% from April 6th, 2020. For a 40% taxpayer, this means a monthly tax bill starting from £163, while the base figure is just £82 for lower-rate taxpayers. The XC40 Recharge T5 Plug-in Hybrid is also exempt from annual Vehicle Excise Duty (road tax), delivering another valuable cost saving for the business.
Underlining the appeal of the Volvo brand, two thirds of Thomas Hardie Commercials’ staff replacing their company car this year have opted for the plug-in hybrid XC40, with some choosing to upgrade at their own expense. The generous equipment levels and contemporary lines of the SUV provided further reasons to choose Volvo.
Rybrook Volvo in Warrington was instrumental in helping Volvo Car UK secure the order. Its proactive approach, including the provision of vehicles for viewing at Thomas Hardie Commercials management and user meetings, helped ensure the Volvo was chosen over rival brands.
Steve Beattie, Head of Fleet and Remarketing, Volvo Car UK commented: “Like Thomas Hardie Commercials, safety and the environment are core values to us at Volvo. We are delighted that our plug-in hybrid technology will play a part in Thomas Hardie reaching its corporate objectives. Staff will also make significant cost savings, while enjoying driving a highly specified, award-winning car.”